How much have you lost in forex trading?

Sep 18, 2014 at 20:17
4,495 Views
62 Replies
Member Since Oct 13, 2014   7 posts
Nov 08, 2014 at 17:25
It is all about risk control, limiting losses and choosing right entry point for the position with positive RRR. Once these are mastered there is almost no way one can be in loss in the long run.
Member Since Jan 29, 2015   12 posts
Feb 07, 2015 at 18:14
Many friends of mine who I knew earn few money but lost huge in forex.
Honestly, I've tried demo account for about 1 year. But still don't have enough confidence to try real account.
Member Since Mar 17, 2014   35 posts
Feb 08, 2015 at 07:41
I lost loads in early years.. that was in 2007-08

I'm testing a team of traders these days.. initial results on demo att..

Attachments:

GoldGuru
Member Since Feb 11, 2015   25 posts
Feb 12, 2015 at 22:45
Fernandezz posted:
How much have you lost in forex trading?
How much have you lost before developing a winning strategy?

Please answer only if you have had a REAL account and your initial deposit was MORE THAN 25k. :) Thank you.

Would you believe it if I told you it's actually too much I don't even know?
Member Since Feb 22, 2011   4862 posts
Feb 17, 2015 at 08:40
Geeding1 posted:
Hi Doolph. Good System sounds good, would you market your system? Im looking to invest in a system for my own personal use, be it an indicator or EA. Can you help me out?
@Geeding1
I have system to follow https://www.myfxbook.com/members/togr/fxprimusc21/756902
Member Since Sep 17, 2014   11 posts
Feb 18, 2015 at 12:02
Dear Traders

I have looked in Forex art of War aka Vance Williams trading style. My colleague went through this course and is a brilliant trader. Can this make me a full time trader? Any advice

I'm seriously thinking to quit my job.



😄
If it doesn't go your way - it will go my way
Member Since Feb 22, 2011   4862 posts
Feb 18, 2015 at 13:35
Geeding1 posted:
Dear Traders

I have looked in Forex art of War aka Vance Williams trading style. My colleague went through this course and is a brilliant trader. Can this make me a full time trader? Any advice

I'm seriously thinking to quit my job.



😄
@Geeding1
Dear Tershia,

I would suggest to keep the job you have until you learn how to trade. IMHO it takes several years to learn:) Once you have account demo or real where you would be able to consistently make profit you might be ready to be full time trader.
Member Since Jan 29, 2015   1 posts
Feb 18, 2015 at 19:42
I entered long forums where most lose money in this market and that has me very badly
Member Since Aug 27, 2017   994 posts
Feb 26, 2019 at 13:31
notbukaopu posted:
2k,told you is embarrssed
To be honest, I lost my 1st live account of 500$. Until then I have never faced MC in my live trading history.
Member Since Dec 28, 2013   171 posts
Feb 26, 2019 at 15:05
I've lost a bit less than $1k, it hurts but I think it is actually a reasonable amount. At first I lost in a rapid phase, then it slowed down. I started to win in 1M to 15M time frames. Then I tried to figure out how to trade in longer time frames, and began losing again. But the most rapid loss was with BTCUSD, since I thought it would be a nice idea to have something to do during weekends. Fortunately, I quit that stupidity, and started to win again. Now I'm only appr. 800 bucks in minus. This all took 4 years..
Member Since Apr 18, 2017   920 posts
Feb 27, 2019 at 07:34
niceGLer posted:
I've lost a bit less than $1k, it hurts but I think it is actually a reasonable amount. At first I lost in a rapid phase, then it slowed down. I started to win in 1M to 15M time frames. Then I tried to figure out how to trade in longer time frames, and began losing again. But the most rapid loss was with BTCUSD, since I thought it would be a nice idea to have something to do during weekends. Fortunately, I quit that stupidity, and started to win again. Now I'm only appr. 800 bucks in minus. This all took 4 years..

Less than 1K? That’s really bearable; so I am sure you have learned a lot from your own trading mistake.
Member Since Dec 22, 2017   17 posts
Feb 27, 2019 at 11:24
My biggest loss in Forex is 25k EUR!
Member Since Jan 15, 2019   11 posts
Feb 28, 2019 at 06:51
Wow. I hope that you are rich and 25k isn't much to you. I was down $1k but have made most of that back now. I would have freaked if I was down 25k
Member Since Apr 18, 2017   920 posts
Feb 28, 2019 at 06:54
Josephius posted:
My biggest loss in Forex is 25k EUR!

Oh; sorry for you! It’s really a big amount! But, I guess you lost that amount in your early stage of trading; isn’t?
Member Since Aug 27, 2017   994 posts
May 21, 2019 at 09:31
Adolis posted:
I have lost like seeveral thousands in all time if I remember that all correctly. WE all have our learning curve here anyway. So losses are just there and unavoidable. Lot of people lost much bigger amounts than me, so I am totally fine with that. I am in green now anyway;)

Oh!!! I hope, now you are following the rules of money management properly!
Member Since May 29, 2019   7 posts
Sep 07, 2019 at 06:33
Josephius posted:
My biggest loss in Forex is 25k EUR!
That's a big one. how did you cope up?
Member Since Apr 18, 2017   920 posts
Sep 28, 2019 at 17:06
whitero posted:
Josephius posted:
My biggest loss in Forex is 25k EUR!
That's a big one. how did you cope up?

No doubt on it; even my running trading equity is below 10K!
Member Since Aug 11, 2017   886 posts
Nov 27, 2019 at 08:04
we always advise to learn basic level for beginners level , but learning can be useless if there is no regular practice in demo or micro account , so besides learning it is more appropriate to emphasis on practice session  
Member Since May 16, 2019   29 posts
Feb 02, 2020 at 10:28
I wouldn't even start to describe all that, I do know that we really need for sure to make it possible anyway for any reasons out there. We really need to contact with you on any possible level for money. I have lost for example around ten thousands of dollars.
Member Since Dec 26, 2019   21 posts
Feb 02, 2020 at 15:27
I have lost a lot in reality ..... I am not even sure how much but it's something in the region of like you don't even tell how much, like probably fifty thousands of dollars anyway. Can we make it possible? I do not see it in reality. How else it can be?
Centrillador
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